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Latest News. Gold & Silver Hit Record Highs on Jan 29, 2026. Asom Barta. By ... Ponmudi R, CEO of Enrich Money, noted gold's strong bullish bias, with a


MCX gold rises ₹15000 per 10g, silver jumps ₹34600 per kg ... - Mint
Ponmudi R, CEO of Enrich Money, said, “A clear and sustained breakout above ... Catch all the Business News , Market News , Breaking News Events and Latest News
Mmint
January 29, 2026 at 08:36 PM


Rupee Slumps to Record Low of 92 per Dollar as Global Pressures
Ponmudi R, CEO of Enrich Money, observed that the USD/INR pair continues to ... Click here to read the latest Gujarat news on TheLiveAhmedabad.com. 0
TThe Live Nagpur
January 29, 2026 at 10:21 PM


Sensex settles 221 pts higher, Nifty above 25,400 after Economic
Ponmudi R, CEO of Enrich Money, said the 50-pack index's ability to hold the ... Disclaimer: Business Today provides stock market news for informational purposes
BBusiness Today
January 29, 2026 at 03:50 PM


Latest Metal-stocks News, Photos, Videos and Podcasts - Mint
Metals stocks to buy: Ponmudi of Enrich Money recommends investors to buy or keep a ... CEO exit weigh on sentiment. 2 min read10 Jul 2025. Markets. Why did
Mmint
January 29, 2026 at 04:45 PM


Gold scales fresh record near $5600 on geopolitics, weak US outlook
Offering a global technical view, Ponmudi R, CEO of Enrich Money, said COMEX ... Track live Budget updates, breaking news, expert opinions and in-depth analysis
BBusiness Today
January 29, 2026 at 05:01 PM


Markets rise as Economic Survey boosts sentiment, US Fed pause
Enrich Money CEO R Ponmudi. Currency weakness continued to be a key macro overhang, but equity investors appeared to take comfort in the Survey's view that
TThe New Indian Express
January 29, 2026 at 04:45 PM
Gold crosses Rs 1.8 lakh, silver above Rs 4 lakh - SarkariForms
Home GK Tricks Quizzess Current Affairs Current Affair Quiz Study Material Daily History News ... Ponmudi R, CEO of Enrich Money, said gold continues to mirror
SSarkariForms
January 29, 2026 at 04:00 PM


Health, well-being critical pillars of progress: President Murmu
New Delhi, Jan 28: National. Health Authority (NHA) CEO. Dr Sunil Kumar ... Ponmudi R, CEO of Enrich. Money, an online trading and wealth tech firm, said
Eepaper.kashmirthunder.in
January 29, 2026 at 03:40 AM


Why Markets Are Falling Today: Sensex, Nifty Under Pressure
Ponmudi R, CEO of Enrich Money, said, “The Survey will be closely watched for signals on capital expenditure, fiscal consolidation, and policy support for
BBusiness Outreach
January 29, 2026 at 02:42 PM
Today Forecast
Pre-Market Outlook
2026-01-3006:40 AM
Indian equities are expected to trade on a positive note ahead of the Union Budget on Sunday, supported by the previous session’s rebound and optimism stemming from the Economic Survey. The Survey has projected FY26 GDP growth at 7.4% and FY27 growth in the range of 6.8–7.2%, underpinned by easing inflation, resilient domestic demand, and continued fiscal discipline.
Ahead of the Union Budget, market participants are anticipating fiscal deficit guidance of 4.3–4.4% for FY27, alongside a continued decline in the debt-to-GDP ratio. Expectations of sustained public capital expenditure in the range of ?12–12.4 lakh crore (around 3.1% of GDP), with a continued focus on infrastructure, defence, electronics, and manufacturing, are supporting the medium-term growth outlook despite ongoing global headwinds.
That said, persistent FII outflows (over ?43,600 crore year-to-date), pre-Budget positioning, rupee weakness, and mixed global cues could limit sharp upside in the near term. Strong domestic institutional investor support, relative resilience in banking and metals, and optimism surrounding potential trade benefits for domestic businesses from the India–EU FTA are providing a cushion to the market. Overall sentiment remains resilient on domestic fundamentals, though event-driven volatility and range-bound trade are likely, with selective buying in capex-linked beneficiaries preferred.
Nifty 50
Nifty has been forming higher lows, indicating selling exhaustion and improving buyer control near key supports. The index is holding firmly above 25,200–25,160, coinciding with the 200-day EMA. RSI near 43 reflects a neutral, range-bound setup. Immediate resistance lies at 25,450–25,500; a decisive breakout is required to open upside toward 25,600–25,700 (the earlier support now acting as resistance). A sustained move above 25,600 would revive bullish momentum toward 25,900. Bias remains neutral to mildly positive, favouring dip-buying near supports within the range.
Bank Nifty
Bank Nifty continues to outperform, trading comfortably above all key EMAs (20/50/100/200-day), confirming strong leadership. Momentum remains healthy with RSI around 56 and supportive moving-average signals. Immediate resistance is placed at 60,000; a breakout could accelerate gains toward 60,300–60,500. On the downside, 59,500–59,000 is a strong demand zone, marked by trendline and 50-day EMA confluence. Overall bias stays bullish and outperforming; as long as 59,400 holds, the path remains open toward 60,400 and record territory, with banking heavyweights likely to continue driving market direction.
Ponmudi R, CEO of Enrich Money
Today Nifty Outlook
NIFTY50
Today Bank Nifty Outlook
BANK NIFTY

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